Archive for the August 21, 2019
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Australian shares ended a second session with robust gains on Tuesday, as hopes for more stimulus measures from China and Germany eased worries about an impending global recession. The S&P/ASX 200 index rallied 1.2% to
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China stocks ended slightly lower on Tuesday as investors took a breather following a strong rally in the previous session and pondered the extent and impact of Beijing's interest rate reform. The blue-chip CSI300 index
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European shares fell on Tuesday after two sessions of robust gains as optimism over hopes of stimulus in major economies waned and investors awaited more guidance from central banks. Concerns about Italy's government further dented
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Hong Kong stocks ended lower on Tuesday as investors locked in profit after a four-day winning streak following Beijing's interest rate reform, which boosted riskier assets and tempered recession fears. The Hang Seng index ended
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Singapore and Malaysian stocks rose on Tuesday, in line with broader Asia as stimulus proposals in major economies muted recession fears, while Thai shares retreated as the government cut its 2019 economic growth forecast. Hopes
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London's main index ended firmly in the red on Tuesday after new US-China trade jitters and political instability in Italy took down heavyweight firms across sectors, while exporter stocks dipped as the pound gained after
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Chinese internet giant Baidu regained momentum during the second quarter, posting better-than-expected revenue on Tuesday thanks to strong traffic growth, though it also announced a huge drop in net profit. The Beijing-based search leader said
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Chinese internet giant Baidu regained momentum during the second quarter, posting better-than-expected revenue on Tuesday thanks to strong traffic growth, though it also announced a huge drop in net profit. The Beijing-based search leader said
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A strong Thai baht and a slowdown in arrivals from China are battering the kingdom's moneymaking tourism machine even as the country hopes to welcome a record 40 million visitors by the end of the
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Uzbekistan lifted remaining currency controls on Tuesday, allowing citizens to purchase foreign cash for the first time as the Central Asian country seeks to attract foreign investment. The country of 32 million people has looked
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